EU says Apple Pay restrictions may harm competitors
CNN
The European Union is warning Apple about possible antitrust violations after an investigation into the iPhone maker's dominance in mobile retail payments.
The European Commission said Monday that it believes Apple (AAPL) has unfairly blocked competitors from using the wireless communications technology behind Apple Pay's tap-to-pay capabilities.
According to a statement of objections the European Commission sent to Apple, the company has restricted rivals' access to its devices' near-field communications (NFC) equipment, and only Apple Pay may use it.
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